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Fed to stick with low rates, despite oil price rise

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Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.
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Futures edge up on earnings hopes

Stock index futures edged up on Monday as hopes for a strong earnings season offset some concerns about another earthquake in Japan.
Yokohama, south of Tokyo

Travel in Japan rebounding a month after the quake

Local travel agencies are reporting of tourism to have started gaining momentum in the country, a month after the massive magnitude 9.0 earthquake, which triggered the tsunami and nuclear crisis in Japan.
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Commodities ride high; euro zone debt hit

Commodities prices rose on Monday, pushing the Reuters-Jefferies CRB index to a fresh two-and-a-half year high on a weaker dollar and strong trade data from China.
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As worry list grows, G20 gets wonky

While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.
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French probe espionage at defense firm unit: report

France's intelligence services have unearthed a case of suspected industrial espionage at an engine subsidiary of French aerospace and defense firm Safran, Le Monde newspaper said in its weekend edition.
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Late budget deal avoids costly shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.
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Deschert advising Norma group AG on IPO

International law firm Dechert LLP is serving as co-counsel to NORMA Group AG, a German-headquartered global industrial manufacturer and portfolio company of global private equity house 3i Group plc, on its initial public offering on the Frankfurt Stock Exchange.

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